Meta AI Financial Investments

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Scale AI confirms 'significant' investment from Meta

Meta effort to revamp AI takes shape with reported $14.3 billion investment in Scale AI

Meta’s META investment values the data-labeling AI startup at over $29 billion, that company said in a blog post on Thursday, while Bloomberg reported that the cost of Meta’s investment in Scale AI was $14.3 billion, citing sources. Bloomberg had previously reported that Scale and Meta were in talks.

Amazon S3 on MSN · 11h

Scale AI Taps Jason Droege As CEO After Meta's Multibillion-Dollar Investment

Scale AI plans to name Chief Strategy Officer Jason Droege as its next CEO following a multibillion-dollar investment from Meta, Bloomberg reported. Founder and current CEO Alexandr Wang is expected to leave the data-labeling startup and join Meta as part of the deal,

Seeking Alpha on MSN · 5d

Meta is said to weigh multibillion-dollar investment in AI startup Scale AI

Meta Platforms (NASDAQ:META) is in advanced discussions to invest potentially more than $10 billion into artificial intelligence startup Scale AI, Bloomberg News reported Sunday, citing people familiar with the talks.

14hon MSN

Meta poaches 28-year-old Scale AI CEO after taking multibillion dollar stake in startup

Alexandr Wang dropped out of MIT to co-found Scale and was quickly lauded as one of Silicon Valley's most promising ...

Meta scales up AI push

Technology Technology The Big Story Meta invests in Scale AI, taps CEO for ‘superintelligence’ push Meta, the parent company of Facebook and Instagram, is investing a ...

1don MSN

Is Meta really spending $15 billion to hire a 28-year-old?

Alexandr Wang cofounded Scale AI. He's about to become a very expensive hire at Meta.

Analytics Insight2d

Meta Stock Reacts to Bold $15B AI Investment

Key Takeaways Meta invests $15B in Scale AI to boost its Artificial Intelligence capabilities.The deal positions Meta as a ...

10h

Crypto Biz: Meta’s AI bet, Fortune 500’s stablecoin push

Stablecoins gain traction with Fortune 500 firms as banks worry. Meta acquires Scale AI in a $15 billion deal to chase AI ...

The Financial Express4d

Facebook parent Meta to invest $10 billion in data labeling AI startup ‘Scale AI’ backed by Nvidia, Amazon

Meta Platforms is in talks to make an investment that could exceed $10 billion in artificial intelligence startup Scale AI.

Analytics Insight21h

Top Tech News: MI355 AI Chips, Meta invests $15B into Scale AI & More

Good morning, tech fam; here are some quick tech updates for you to catch up on! What’s New Today: AMD’s MI355 launch signals ...

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